Hawaii’s Island Air approaches new ownership

Hawaiian carrier Island Air has signed a letter of agreement with an undisclosed buyer for the purchase of the company.

Island Air ATR 42. Courtesy, Island Air
Hawaiian carrier Island Air has signed a letter of agreement with an undisclosed buyer for the purchase of the company. Island Air president Les Murashige said he was hopeful the new ownership would be in place within the next six to eight weeks.
“This is a great opportunity for the future of the company,” Murashige said. “The company has gone through a number of challenges recently and a new owner will bring a fresh ...